LSE in talks to buy Refinitiv for $27bn
The deal includes debt of $12.2 billion.
Mergers & Acquisitions/M&A
Visa eyes up Nets
Sources say Visa may acquire parts of the Nordic fintech.
Moody’s acquires fintech RiskFirst
The acquisition will boost Moody’s Analytics’ offering.
Blockchain ID management firm Trusted Key bought by Workday
Trusted Key will bring its blockchain-based, digital identity management technology to Workday.
Lendtech nCino acquires Visible Equity
The two companies will continue to market their solutions separately.
Urban FT acquires CFC Technology Group
The pairing aims to tilt the playing field for community-based institutions.
Thomson Reuters acquires HighQ
It enhances their aim of providing more cloud-based software for legal professionals.
Visa acquires POS payment gateway Payworks
The integrated platform will unify the online and in-store payments experience.
Temenos acquires AI firm Logical Glue
It claims to bring transparency and explainability of AI automated decisions to the banking industry.
Finca Microfinance Bank implements AutoSoft’s AutoBanker
The suite has been rolled across 135 branches.
SumUp enhances payments for SMEs with €330m funding
Following the acquisitions of Debitoor and Shoplo.
Goldman Sachs invests €25 million in Raisin
The new funding brings the total volume of primary investment to €195 million.
Advent acquires revenue management firm TSG
TSG provides business management software and integrated payments.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
Banking tech heavyweight Jack Henry acquires PFM firm Geezeo
The two companies say they’ve been “strong business partners” for years.
Visa acquires chargebacks tech firm Verifi
To combine Visa’s anti-fraud tech with Verifi’s solutions.
Visa expands token and ticketing services with Rambus’ portfolio
Visa will develop its tokenisation services to support commerce.
Pineapple Payments acquires CardChamps portfolio
Both firms are based in Pittsburgh, Pennsylvania.
Thomson Reuters to acquire Confirmation
It will expand core tax, accounting, and audit solutions.
Celero acquires Elmhurst and Tandem
The acquisitions add distribution and tech-focused organisations to its financial institution partners and merchants.
CGI makes £78.9m all-cash offer for SCISYS
The deal would expand CGI’s reach in European space and defence markets.
Trustly to merge with PayWithMyBank
Trustly and PayWithMyBank will combine into a global payments entity with revenues of more than $120 million in 2018
Top fintech stories this week – 14 June 2019
This week, we look at the FCA’s new rules, SoftBank’s investment, and the World Bank’s new tech.
H&R Block acquires Wave Financial for $398m
It follows Wave’s recent acquisition of Every.
CloudBees acquires Rollout to ease feature deployment
Targeting the continuous integration/continuous delivery (CI/CD) market.
Prepaid payments firm InComm acquires Hallmark Business Connections
Hallmark Business Connections provides employee incentive programmes.
Refinitiv acquires AlphaDesk to expand buy-side solutions
Deal adds a cloud-based OMS to Refinitiv’s offering.
Global Payments and TSYS agree mega-merger
The third major payments industry deal so far this year.
Top fintech stories this week – 24 May 2019
TransferWise just became even bigger, Nuvei Bidco acquires SafeCharge, and more!
Nuvei Bidco acquires paytech SafeCharge for $889m
SafeCharge board unanimously recommends the deal.
TransUnion acquires TruSignal
Financial details remain undisclosed.
Top fintech stories this week – 17 May 2019
SoftBank’s big investment, as well as BCR’s pool B… and more!
ION Investment Group acquires majority stake in Acuris
BC Partners and Acuris management retain minority ownership.
Liquidnet acquires RSRCHXchange for investment data insights
RSRCHXchange digitises content and provides a centralised hub for research access.
Top fintech stories this week – 10 May 2019
Deutsche Bank picks Red Hat, Orange acquires Secure Link, and much more!
What’s driving change and where’s M&A activity in the fintech sector?
A “technological arms race” to digitise processes and drive efficiencies is on!
Mastercard acquires Transactis to boost Bill Pay Exchange
Transactis makes digital payment services available to small businesses.
Broadridge acquires Rockall for securities lending
Financial details were not disclosed.
Equifax acquires PayNet to boost SME credit access
PayNet CEO says deal will support “Main Street American business”.
Top fintech stories this week – 26 April 2019
Figure Eight acquired by Appen, T-mobile launches checking account, and RBS’ digital bank picks Mambu.
